Real Estate News & Insights
Democrat Senator Calls on Trump to Declare National Emergency on Housing
The White House did not comment on Slotkin’s remarks or legislation. Continue Reading Democrat Senator Calls on Trump to Declare National Emergency on Housing
Multifamily Housing Proposed at Site of Shuttered Historic San Francisco Theater
The Empire Theater opened in 1925 and permanently closed in February 2021. Continue Reading Multifamily Housing Proposed at Site of Shuttered Historic San Francisco Theater
Mortgage Rates Drop to 6-Month Low
The 30-year fixed-rate mortgage averaged 6.73% as of Aug. 1. Continue Reading Mortgage Rates Drop to 6-Month Low
Housing Inventory Reaches Post-Pandemic High
The amount of time that homes are spending on the market is also growing. Continue Reading Housing Inventory Reaches Post-Pandemic High
Interior Design/Staging Firm Linden Creek Launches Franchise Program
The total investment to open a Linden Creek franchise is between $199,000 and $299,000. Continue Reading Interior Design/Staging Firm Linden Creek Launches Franchise Program
Sen. Elizabeth Warren Unveils $550 Billion Housing Bill, Paid for by Raising Estate Taxes
The bill expands the Community Reinvestment Act to include nonbank mortgage companies. Continue Reading Sen. Elizabeth Warren Unveils $550 Billion Housing Bill, Paid for by Raising Estate Taxes
Half of Q2 Mortgaged Homeowners Are Equity-Rich
The share of home mortgages that were seriously underwater fell to 2.4%. Continue Reading Half of Q2 Mortgaged Homeowners Are Equity-Rich
FTC to Refund $12 Million to Consumers in House Flipping Scheme
The company and its owners agreed to a settlement in February 2022. Continue Reading FTC to Refund $12 Million to Consumers in House Flipping Scheme
Bank of England Cuts Rates for First Time in Over 4 Years
The Monetary Policy Committee voted 5-4 for the rate cut. Continue Reading Bank of England Cuts Rates for First Time in Over 4 Years
Guest Opinion: How to Improve Housing Affordability and Drive New Supply
James H. Schloemer, chairman of the National Multifamily Housing Council, offers his insight on addressing the challenges facing the housing supply. Continue Reading Guest Opinion: How to Improve Housing Affordability and Drive New Supply
Feds Delayed Informing Tenants About Contaminated Water in Detroit Office Building
The 27-story McNamara Building was built in 1976. Continue Reading Feds Delayed Informing Tenants About Contaminated Water in Detroit Office Building
Federal Reserve Holds Rates Again
The central bank’s policy making Federal Open Market Committee declared the “economic outlook is uncertain.” Continue Reading Federal Reserve Holds Rates Again
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